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Originally Posted by Guest
Harry Truman once lamented "someone find me a one handed economist" Wall Street was propped up the the FED.
est
When addressing unemployment which set of facts are we addressing U1 U2, U3< U4,U5 or U6? and isn't it the participation % that matters with this issue and that 5 only went up.
Bank failures dropped and why not Dodd-Frank dried up investment
Loan foreclosures, students loans down, yes, because the taxpayers ate much of the debt thanks to Obama Administrations forgiveness policies and refinancing via Fannie and Freddie which still sits out there as another shoe that going to drop
The GDP has never reach beyond 2% since the so called 2009 recovery a new low.
Consumer confidence began to rise when Trump won the election in November 2016
Personal Best Regards:
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We'll NEVER recover...growth has stopped as the demographics has shifted. The boomers aren't producing and minorities have just become the majority. White people...the fuel and motivation for growth are in decline. America has dropped from #1 to #25. It's downhill from here at a faster ans faster rate as the minority majority grows.